The Chinese iron ore cost of production
Standard iron ore benchmarks for pricing recognize this by stating the grade alongside the price, such as 62% Iron Ore Fines. Similar things happen in the lithium market. On occasion, such as for lithium ten or twenty years ago, the statistical agency may ignore the grade differences and add up inequivalent tonnes of different grade ores.
Iron ore falls on weak China demand, oversupply woes
NEW DELHI, April 1 (Reuters) - Iron ore futures prices fell on Monday, pressured by persistent concerns about demand in top consumer China and supply overhang amid a …
Iron-ore to break ice towards China | Barentsobserver
Melting ice due to climate changes makes the shortcut from Europe to the rapid growing market in China via the Northern Sea Route far more attractive today. - We cooperated with a Danish shipping compay that owns the ice-classed bulk-carrier "MV Nordic Barents" last year.The vessel made a historical voyage when it became the first non-Russian flag to sail the Northern Sea …
'Frozen' China iron ore stocks support prices despite …
Iron ore's portside supply hit a more-than two-year high of 148 million tons at end-June. This is equal to around 13% of total imports in 2023 and up 27.6% from the beginning of the year, according to information provider Steelhome and China Customs.
The Ultimate Research on the Iron Ore Trade between Australia and China
The cost of US$ 179.90 in August 2011 could not break above the all-time-high of US$ 185.60 (Jan 2011), which then indicated a new price trend. ... China's iron ore demand: Due to China's growing economy, they needed more steel for export and their economy. Since iron ore is required to produce metals such as steel and the high production ...
China visit sees $105 billion iron ore exports on …
It details how China plans to break its dependency on Australian iron ore because it remained a "US security partner". "Therefore, diversifying supply sources has both an economic and a ...
China iron ore imports head for record even as steel output …
China is on track to import record volumes of iron ore in October, increasing the divergence between the demand for the steel raw material and the still weak output of the …
Iron Ore Surges Ahead of the Chinese Holiday Break
Monday witnessed a strong jump in iron ore prices. The appreciation came just before the Chinese National Day holiday from Oct 1 to Oct 7, when the Shanghai Stock Exchange remains closed during the period. The increase percolated down to the small cap stocks as the break usually generates high level of activity. Two such stocks likely to be …
China iron ore imports likely at peak, demand composition …
China's demand for imported iron ore has most likely peaked, but the composition of future imports are likely to shift as the world's biggest steel producer seeks to decarbonise. ... Net sales break down by family of products as follows: - iron ore (47.3%): 253,000 Kt produced in 2021/22; - base metals (259%): copper (1,635,7 Kt produced ...
Iron ore near 5-1/2-year low, China mills selling cargoes
Iron ore for May delivery on the Dalian Commodity Exchange was down 0.4 percent at 502 yuan ($81) a tonne by the midday break on Wednesday. Rebar and iron ore prices at 0336 GMT Contract Last ...
Box A: China's Steel and Iron Ore Sector
The reduction in Chinese demand for iron ore has been borne mainly by relatively high-cost iron ore producers in China. High iron ore prices from early 2010 to mid 2011 resulted in a rapid expansion in the domestic production of iron ore by Chinese firms. …
Renewed Steel Demand In China Causing Iron Ore …
The spot price for benchmark 62% iron ore for delivery to north China, as assessed by commodity price reporting agency Argus, ended at U.S. $118.80 a ton this Monday.
China's iron-ore supply to rise by up to 10Mt in 2024, steel
But many participants raised doubts on whether it could achieve the target on time. China produced 72.07-million tons of iron ore concentrate in the first three months of 2024, a 4% rise from last ...
Iron ore extends fall on China demand concern, high supply
China's iron ore imports jumped 5.3% in July from a month earlier to a six-month high as miners rushed to meet quarterly shipment targets and improving margins for steelmakers boosted demand.
China's weak steel, strong iron ore imports shaped by prices
LAUNCESTON, Australia, Sept 17 (Reuters) - China's steel and iron ore sectors are in an apparent state of disconnect, with steel output trending weaker but imports of the key raw material ...
China's state iron ore buyer gets down to business, yet to …
SINGAPORE (Reuters) - China's new state iron ore buyer is asserting itself in negotiating deals for the world's biggest steel industry but has yet to help manufacturers struggling with weak demand ...
In Depth: China's Plan to Break Foreign Iron Ore …
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Iron Ore Sell-Off Deepens as Global Growth Fears Hit …
Iron ore sank below $90 a ton for the first time since 2022 as industrial commodities faced sustained pressure from tepid Chinese demand and gathering worries over global growth.
Iron ore extends fall on China demand concern, …
China's iron ore imports jumped 5.3% in July from a month earlier to a six-month high as miners rushed to meet quarterly shipment targets and improving margins for steelmakers boosted demand. Traders are concerned …
ore breaking equipment
China ore breaking equipment wholesale - Select 2024 high quality ore breaking equipment products in best price from certified Chinese Material Equipment manufacturers, Machine Equipment suppliers, wholesalers and factory on Made-in-China ... Hydraulic Cone Impact Cruser Equipment Rock Breaking Plant Used for River Stone and Iron Ore in Hot ...
Concern is Not that China Will Stop Buying Imported Iron …
With current levels still at just over 140 million tons, there remains a lot more room to go. Our concern here remains not that China will pull back on buying imported iron ore …
China Puts Brake on New Steel Capacity With Industry in Crisis
China has abruptly suspended its system for approving new steel plants, as the government responds to a deep demand slump that's crushed industry profits and fueled a …
Iron ore gains on firm near-term demand, more China rate …
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 1.45% higher at 769.5 yuan ($108.18) a metric ton.
Sluggish China steel demand drags iron ore to over four …
The most-traded September iron ore on China's Dalian Commodity Exchange DCIOcv1 fell as much as 1.5% to 713.50 yuan ($103.31), its weakest since Dec. 21. It was down 0.8% at 719 yuan by 0606 GMT ...
China's big move to cut off Australian iron ore
It's remote. It's inaccessible. It's poor quality. But Beijing is determined to spend big on a Sahara Desert mine to "de-risk" itself from Australian iron ore.
Chinese Iron Ore Buyers and Buying Leads
Send inquiries and quotations to high volume B2B Chinese Iron Ore buyers and connect with purchasing managers. Page - 1. For Suppliers; All Latest Buy Requirements; Join Absolutely FREE. Display Your Products; ... Iron Ore Specifications: Fe60% and above. Quantity : 10,000 tons per month. Quantity Required : 10000 Ton/Tons Shipping Terms : CIF ...
Iron-ore surged, but could retest $100/mt support levels
The most-traded January iron-ore on China's Dalian Commodity Exchange ended daytime trade 2.1% higher at 728 yuan ($100.64) per metric ton. On the Singapore …
China Iron ore spot price, China Iron ore Daily prices
The Monitor for China Iron ore Prcies and China Iron ore Daily Prices is provided by Sunsirs, China Commodity Data Group
Iron ore Price per RMB/ton in China Today.
Current Iron ore Price in China. The given China Steel prices are compiled from pricing lists from various manufacturers and China metal market data. The prices are updated regularly and are solely for reference. Iron ore Price; Region Current Price Change Price Date Unit; Shanghai: 1,016.56: 0 (0%) : RMB/ton: Price by Commodity ...
China's iron ore demand to see near-term support from …
China's iron ore demand will likely be supported in the near term by the reopening of construction sites following the Lunar New Year break, and the associated increase in consumption of steel, amid warmer weather in the spring, market sources told S&P Global Commodity Insights.